翔鹭钨业(002842) - 2024 Q4 - 年度业绩预告

Financial Performance - The company expects a net loss of between 65 million and 95 million yuan for the fiscal year 2024, compared to a loss of 129.12 million yuan in the same period last year[3]. - The expected net loss after deducting non-recurring gains and losses is between 100 million and 135 million yuan, compared to a loss of 130.36 million yuan in the previous year[3]. - The basic earnings per share are projected to be a loss of between 0.24 yuan and 0.34 yuan, compared to a loss of 0.47 yuan per share last year[3]. Market Conditions - The average price of black tungsten concentrate is expected to be 137,000 yuan per ton in 2024, an increase of approximately 14.07% from 120,100 yuan per ton in 2023[5]. - The company's gross profit margin has been pressured due to low demand in the downstream photovoltaic silicon wafer industry, leading to lower operating rates and sales of tungsten wire products[6]. Research and Development - Research and development expenses have increased as the company invests in new product technology for tungsten wire used in photovoltaics[7]. Non-Operating Gains - The company anticipates non-operating gains and losses to be around 35 million yuan, primarily from government subsidies and non-current asset disposal gains[7].